Pearl Abyss Acquires CCP, Makers of Eve Online, For $425M

South Korean game developer Pearl Abyss, best known for Black Desert Online, announced today that they purchased CCP, the Icelandic game studio behind Eve Online. It looks like Pearl Abyss is putting some of that recent IPO money to work. CCP will be a wholly owned independent subsidiary going forward. As with practically every gaming company acquisition, CCP promises to continue operating as they were without changing up their design philosophy.

Pearl Abyss CEO Robin Jung stated, “We are thrilled to have CCP Games join our team as Black Desert Online continues to branch out globally. CCP is a
seasoned publisher with over 15 years of digital distribution experience and
know-how. They have done an incredible job of engaging and maintaining their playerbase, which we aim to learn from and hope to integrate natively into Pearl Abyss’ general practices across all our games. I am confident CCP’s
reputable IP and expertise in global publishing will help reaffirm our company’s dedication to developing and servicing the world’s best MMORPGs.”

“I have been seriously impressed with what Pearl Abyss has achieved ever since I first visited their website for Black Desert Online and subsequently became an avid player of the game,” said CCP Games CEO Hilmar Veigar Pétursson. “Pearl Abyss is a fast-growing company with lots to offer in terms of technology, capability and vision. I believe our two companies have a lot to learn from each other. We are very excited to join forces with them and achieve great new heights for our companies, our games and – above all - our players.”

Pearl Abyss paid $425M for CCP. An AMA will be available on the Eve Online forums tomorrow at 16:30 UTC.

Further reading: Official source, Discussion Forum, Interview with Pearl Abyss CEO on Purchase